Why This Dev Built a "Ethereum-like" on Top of Bitcoin's Lightning Network \ stacker news ~bitcoin

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Why This Dev Built a "Ethereum-like" on Top of Bitcoin's Lightning Network www.coindesk.com/tech/2020/06/12/why-this-dev-built-a-centralized-ethereum-on-top-of-bitcoins-lightning-network/

57 sats \ 8 comments \ @nerd2ninja 17 Oct bitcoin

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300 sats \ 0 replies \ @heuristics 17 Oct

Vitalik’s folly running on top of the Bitcoin Network.

18 sats \ 2 replies \ @south_korea_ln 17 Oct

FYI. 2020 article, and last commit 2 years ago.

97 sats \ 1 reply \ @nerd2ninja OP 17 Oct

Yes the article was written in 2020 as well, however, centralized turing complete code execution of monetary settlement is a thing that keeps being recreated over and over again. Old news is always new to the latest sucker.

Plus, I saw it was never posted to SN.

300 sats \ 0 replies \ @south_korea_ln 17 Oct

It's good you shared it. It was mostly to add context as Fiatjaf's opinion on LN has evolved over the years, I believe.

18 sats \ 1 reply \ @OT 17 Oct

But it is not decentralized. Fiatjaf controls it all – as he is quick to note

Lol. I thought Fiatjaf hated lightning

300 sats \ 0 replies \ @k00b 17 Oct

He's certainly critical of it (which he is of everything tbf) and became increasingly so over time, but I'm not sure he hates it.

12 sats \ 0 replies \ @nerd2ninja OP 17 Oct

Changed title from "centralized Ethereum" because it's redundant. Ethereum is already centralized.

Also because of title word count

0 sats \ 0 replies \ @alphabeta 17 Oct

Coindesk does not know how to stay current. Just look at the commits. Kids are producing news once again.